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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (36903)	5/15/2001 8:04:01 AM
From: Dealer	Read Replies (1) of 65232

M A R K E T .. S N A P S H O T -- Modest upside in store for shares By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:30 AM ET May 15, 2001 NEW YORK (CBS.MW) -- A small bounce is in store for U.S. shares Tuesday as investors await the Fed's decision on rates later in the session. June S&P 500 futures rose 2.10 points, or 0.2 percent, and were trading roughly 1.90 points above fair value. Nasdaq futures, meanwhile, added 10.00 points, or 0.6 percent. In the government arena, the 10-year Treasury note was off 1/32 to yield ($TNX) 5.42 percent while the 30-year government bond shed 1/32 to yield ($TYX) 5.845 percent. No economic data is due out Tuesday. View Economic Preview and economic calendar and forecasts. In the currency arena, dollar/yen slipped 0.1 percent to 123.48 while euro/dollar edged up 0.4 percent to 0.8771. --------------------------------------------------------------------------------

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